H2O Retailing Balance Sheet Health
Financial Health criteria checks 3/6
H2O Retailing has a total shareholder equity of ¥287.6B and total debt of ¥168.9B, which brings its debt-to-equity ratio to 58.7%. Its total assets and total liabilities are ¥719.1B and ¥431.6B respectively. H2O Retailing's EBIT is ¥24.1B making its interest coverage ratio -46.5. It has cash and short-term investments of ¥63.0B.
Key information
58.7%
Debt to equity ratio
JP¥168.93b
Debt
Interest coverage ratio | -46.5x |
Cash | JP¥62.95b |
Equity | JP¥287.55b |
Total liabilities | JP¥431.60b |
Total assets | JP¥719.15b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: HTOC.F's short term assets (¥191.4B) do not cover its short term liabilities (¥205.3B).
Long Term Liabilities: HTOC.F's short term assets (¥191.4B) do not cover its long term liabilities (¥226.3B).
Debt to Equity History and Analysis
Debt Level: HTOC.F's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: HTOC.F's debt to equity ratio has increased from 56% to 58.7% over the past 5 years.
Debt Coverage: HTOC.F's debt is well covered by operating cash flow (28.5%).
Interest Coverage: HTOC.F earns more interest than it pays, so coverage of interest payments is not a concern.